Global Fumaric Acid (CAS 110-17-8) Market 2022-2028
Fumaric acid is an organic compound with the formula C4H4O4. It is an organic acid used in foods as an acidity regulator, an antibacterial agent and a shelf-life extender. Fumaric acid is also used in the manufacture of polyester resins and polyhydric alcohols and as a mordant for dyes. The global fumaric acid market size is projected to grow by USD 59 million from 2022 to 2028, registering a CAGR of 3.3 percent, according to a new report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global fumaric acid market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the fumaric acid industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, and region. The global market for fumaric acid can be segmented by application: feed additives, food & beverages, unsaturated polyester resins, others. Fumaric acid market is further segmented by region: North America, Asia Pacific, Europe, Rest of the World (ROW). In 2021, Asia Pacific made up the largest share of revenue generated by the fumaric acid market.
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